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Puri Hints at Fuel Price Cut if Crude Is Stable
Financial Express Kolkata
|July 18, 2025
OIL MINISTER HARDEEP Singh Puri said on Thursday that the prices of petrol and diesel could be cut in the coming months if crude prices remained at current levels.
"If things remain like this, I think moving forward in the next quarter there is scope for reduction," he said.
Brent crude prices were hovering around $68.96/bbl on Thursday. India has kept diesel and petrol prices unchanged since March 2024.
With Venezuelan crude already under US tariffs and Russian flows potentially facing similar restrictions, Indian refiners are likely to diversify oil supplies further primarily from the US, Brazil, West Africa, and the Middle East.
Diese Geschichte stammt aus der July 18, 2025-Ausgabe von Financial Express Kolkata.
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